My biggest problem now is money!

I wanted to join a tweeting system that would explode my followers. Had to forgo it-why? You guessed right-money.

To get the best from online marketing, even to buy a WSO, you need cash.

To join the war room, you need cash!

To buy a ............................... you need cash!

Patience is key. If you don't have money now that is fine. Work the system and money should come in (that's the goal anyway, right?). Use all income to put right back into the business. This way the business will naturally grow and scale.

I agree.

The best thing about making a ton of money is not lacking money. Sounds silly but those who have made it know what I mean. 2009 was rough and I hope to get back to that point.

It does not take cash to do keyword research.

It does not take cash to build a backlink

It does not take cash to build a Hubpage

It does not take cash to write and submit a article, press release........etc....

It does not take cash to join an affiliate program......

It does not take cash to ping all of my sites/articles......

It does help speed up the process BUT until you make cash, you can get in "the game" and play.



Ron

Thats partly my plan but the truth is that I have found out that for me to earn the income to generate money, I might need to make a small investment.

I don't!

Honestly, i think you're just looking for a reason why your IM wont work...respective create an "artificial brain blockade" telling yourself that you need money to make money/be success in IM.

I wont deny that money "helps" in a sense that eg. you can outsource and increase your work - but 98% of all things do NOT require money. It is all there, right in front of your eyes on the net.

Especially article marketing is one of those things...starting with signing up on CB, or CPA programs or EZA....writing articles, keyword research...COSTS NOT ONE PENNY.

You have the wrong approach - instead of the desire to make money (even from "nothing")...you focus on something which is not of importance at all, on my opinion.

I don't think your biggest problem is that you don't have money.

I think your biggest problem is that you don't have a system that you can follow and duplicate to make you that money. Such a system does not necessarily require you to have money (as Ron pointed out) in the first place, and if you look around this forum - you will find several such systems.

Of course it's better to have money to spend on software, tools, and wso's, but you can do ok without it.

Of course, once money starts coming in - don't spend it all. Re-invest some of it carefully to improve your system that you have developed.

Just my 2 cents :-)

thanks sara. Noted

Just get it done. If you don't know how to do it, search for it, it's pretty much 100% sure you'll find some forum or blog post about it and how to do it.

If you are not ready to learn how to do new stuff, you can quit and go to work for somebody else. That's how it works. Those who are not willing to put time to develop themselves, they will feel better when working for somebody else.

You have to be the best, there's no alternative. If you are not going to be the best, don't even start.

I tend to agree.

Im a big believer in outsourcing. Outsourcing costs money, so it becomes a catch 22 situation.

Until the money is there - you need to sacrifice time. Just be sure when it IS there - you reinvest it into your business and dont go out popping champagne corks.

If you can't succeed for free, a little money would just make your failure more expensive.

You are make a lot of money online if you have a marketing budget. For those who have no marketing budget, you are going to have to work harder. Here is the key....when you start making money with your free marketing methods, you MUST reinvest the profits into paid marketing. I know it is tempting to pay bills and take a shot of Jameson's (my favorite) but it can work if you reinvest profits into paid marketing.

I started out with a budget of $5.00 per day on Google Adwords and worked my way up to $100 per day. Lastly....find a good mentor or fellow Entrepreneur to hold you accountable.

I agree with the others. Money actually hinders long term growth. Learn solid business principals and your long term growth will take care of itself.

For example, if you had money you would not perfect your backlinking. Suppose you had automatic software and you had Paul or Angela's list and you put up some backlinks on high PR sites. You run so fast with the software you don't have a clue what is working and whats not and you don't have a clue how to check it.

Slow down. Put up a few backlinks everyday. Experiment with your keywords in the title. Send a few to your home page and then a few to the keywords on your interior pages. Use the free Traffic Travis and see if your back links are showing up.

Add a few more and see where you rank on google for your main keyword. Check to see where you are in a couple of days. Keep adding more until you get #1. If what you are doing is not working make changes. Take the time to become an expert in backlinking. Now when you get some money to afford automated software you will know exactly what to do to get results. Plus, you can use this information in your article marketing.

When you become an expert in backlinking set your sites on Article Marketing. Just keep learning and become an expert in every phase. Now you are ready to outsource because you know what you need.

Hope this helps.
Jim

Grandstar:
I am in the same boat as you. I have not worked in over 8 months here in Vegas since the job market stinks. I have learned about free advertising methods like safelists and forum advertising. Your biggest fear might be your fear of failure. You need to go deep inside your mind and meditate on what you want. Visualize yourself having money in the bank and see yourself succeeding in internet marketing. You can do it. I and many of the other members have faith in you. I got my first sale this past Saturday without spending a dime on advertising. All I used was free advertising methods. I would suggest you can start a blog on hubpages and then going to traffic exchanges to promote your website. As many internet marketers will tell you free advertising does work.

I agree, having money to invest in IM can definitely give you a head start in buying all the tools and resources you need to kick start your online business. However, in the past I have spent money on unnecessary items, which I sincerely regret even to this day. So I have decided to only spend money only when it is absolutely necesssary.

Every bit of money I earn through IM I will reinvest though

Ron Hitson hit it on the head. Yes almost everything costs money but once you start spending before you see profit you can go broke fast.
Learn the hard way so you understand what you really need. Put in the time and focus on doing it manually first.

Ron, you are so clear headed. I am taking up some of your suggestions. Thanks again

Having money makes things easier to outsource those jobs, but having money to buy the next "big thing" is probably more of a hindrance than a help. Until you get your first few dollars in PayPal, you need to 'spend' your time.

I would actually avoid buying any products and use the wealth of information in this forum to help you succeed - the amount of time you 'spend' is going to be far more valuable than any ebook or video course you buy (which you'll probably never get around to reading anyway!).

If you feel you must spend money to outsource some jobs, why not setup a budget from your salary, even if it's just a few dollars a month, you can still find people to do submissions or even article writing for that - stuff which is proven to work.

Anyway, by doing all the grunt work now, you'll appreciate success and be a better marketer than if you just buy everything

It is possible that you need to work a 'side' niche that will be easier to rank for quickly. You can then use this extra income to fund your main endeavor!

I'm in the same boat too.
Thanks for everyone's opinions.

And now I go on internet 6 hours a day after day work,for searching more information about IM even though to take a dictionary all the time.

Keep seeking the point~

I am new at this too and I started buying every new WSO out there, but stoped and sticked to one and that one has made me over 1000 US in the last month. with one product, now I am trying to duplicate that.

I know that is not much but it is a start for been only 2 month in IM.

I had read and heard stories of people who made it without much money. I personally spent a lot of money but did not get any money back from the things I spent money on. In fact I lost a lot of money.When you have money for advertising, sometimes your judgement is impaired. You simply pay for quick fixes.

I started making money only when I ran out of money for adwords and other paid advertising. I then really started focusing on free stuff. I stopped buying every single thing that came into my mail box promising to help me build my business.

I find one of the biggest challenges to making money is not the lack of money - it is the lack of a PLAN. Pick ONE proven system you are comfortable with and just start where you are. For example, to get started in affiliate marketing without a web site, domain or even experience is pretty easy - post FREE classified ads on USFreeads, Craigslist and Backpage. It might take abit of "work" but eventually you'll make money. Then use that money to buy software to post more ads faster. You'll make more money. Then buy a domain... etc. etc.

Argue for your limitations and, sure enough, you'll find yourself limited. Argue for how and why you WILL produce a result and you will.

In fact, to give you an idea - I recently picked up $7 WSO right here on this forum. I followed the instructions which outlined a way to post multiple FREE ads on backbage. It took me about 4 hours to set up... but ZERO cost. Now I can post about 200 ads in an hour & a half... and they pay out $25-$50 per day.

NOW... if I had a mind to... I could pay someone $8 an hour (about $12 a day) to post these same ads... and earn $12-$38 profit per day doing nothing. Next...

Grandstar, I don't really agree with you. There are many ways to make money in IM without using a lot of money, and the hard work and determination that go into doing this initially will build the right foundation for you. You definitely want to get away from the 'easy money' mentality that afflicts 95+ % of beginning internet marketers out there. If you are doing something proven in IM and it's making you money, all you need to do is scale it up over time. It's far better to do that than blow money on untested advertising and programs that you may end up losing money on, because you want that fast money - again an offshoot of that 'easy money' mentality, where people have that 'lottery' mindset towards fast and quick cash. Trust me on this - if you adopt this mindset you'll probably end up losing everything you earn very quickly, this has been proven to happen time and time again!

Although money helps you really don't need it when starting out in this game. Ok getting free traffic methods can be tedious but they work once you get a few sales outsource the tedious stuff and concentrate on building your business.

Good Luck

Graeme

Two questions.

1. If you are convinced that this activity will work, why don't you get a loan to pay for it. Then when you make the money back you can pay it off?

2. What will you do with the time you save when you outsource?

I started my offline business with about $20, its now worth...well lets just say "lots more".

Sure the lack of money can limit some of things you are able to do, but it also helps you think outside the box!

Money will often allow you to do things quicker, so the lack of money will often provide the same results but it just takes a bit more work and takes a little more time to get the same job done.

Submit articles one by one if thats what it takes, then when you get that paycheck from your efforts go buy the automatic submitter. Invest and re-invest in your business.